Top 5 Consumer Finance Apps in Saudi Arabia Q4 2023

The fourth quarter of 2023 witnessed significant activity across the top 5 consumer finance applications on a unified platform in Saudi Arabia. Data from Sensor Tower provides a comprehensive view of the weekly downloads and active user trends for AlRajhi Mobile, Alinma App - تطبيق الإنماء, SNB Mobile, anb - arab national bank, and Riyad Bank Mobile.

AlRajhi Mobile demonstrated robust weekly downloads, starting at 125K in late September and fluctuating around the 100K mark throughout the quarter. Notably, it saw a peak of 119K downloads in early November. The app maintained a high level of weekly active users, starting at approximately 4M and reaching a peak of 4.2M in late November.

Alinma App - تطبيق الإنماء experienced a decline in weekly downloads over the quarter, beginning at 122K in late September and dropping to 37K by the end of December. However, the app's weekly active users grew from 511K to 655K, indicating a strong user retention and engagement.

SNB Mobile had a consistent performance with weekly downloads ranging from 41K to 60K. The active user base saw a steady increase, starting at 744K in late September and reaching 736K by the end of November, with minor fluctuations in between.

anb - arab national bank showed a notable rise in weekly downloads, peaking at 120K in late October before stabilizing around the 20K-30K range. The app's active users grew significantly from 11K in late September to 72K by the end of December, reflecting a growing user base.

Riyad Bank Mobile maintained steady weekly downloads, starting at 21K and fluctuating around 13K to 16K throughout the quarter. The weekly active users showed a positive trend, starting at 302K in late September and ending at 286K by the end of December.

These insights from Sensor Tower reveal the dynamic landscape of consumer finance apps in Saudi Arabia. For more detailed analytics and trends, visit Sensor Tower.